Ethereum and the entire crypto market is consolidating today following some recent turbulence Bulls stepped up after the entire market saw a massive selloff yesterday and absorbed the influx of selling pressure, allowing BTC to rocket past $40,000 and ETH to move higher Today, the market has consolidated and drifted …
Read More »Don’t Sell Your Bitcoin and Ethereum on RSI Warnings: Analyst
A recent volatile run-up in the Ethereum and Bitcoin markets has exceeded their value into “overbought” regions, as per Relative Strength Indicator (RSI). In retrospect, the RSI is a momentum indicator that measures the magnitude of recent price changes in an asset to determine its overbought or oversold conditions. Displayed …
Read More »Analyst: After A 50% Retrace Against Bitcoin, Chainlink Is “Ready” To Soar
All the way up until around mid-2020, Chainlink was the hottest crypto token around. But once Bitcoin broke above $10,000 months ago, the altcoin’s uptrend against the top cryptocurrency was broken. Following a full 50% retrace of the rally against BTC, Chainlink is now “ready to continue,” according to one …
Read More »Bitcoin’s “Main Bull Phase” Has Arrived: On-Chain Analyst
Bitcoin has undergone a strong rally over recent weeks that has nearly brought it to $30,000. The leading cryptocurrency currently trades for $29,900, far above where it was just weeks ago. Analysts think that the main Bitcoin bull phase is here. This comes in spite of some concerns shared months …
Read More »Coinbase Delisting Sparks XRP Plunge; Analyst Forecasts Decline to $0.10
XRP has been on a rollercoaster ride throughout the past few weeks. The cryptocurrency saw immense volatility that began when news began spreading regarding the recent Spark token airdrop to holders. This allowed the cryptocurrency to break its multi-year trading range between $0.20 and $0.30 and rocket to highs of …
Read More »Analyst Who Called Coinbase XRP Delisting Says SEC Is “Investigating” Other Altcoins
The news that the United States Securities and Exchange Commission had issued a lawsuit to XRP token parent company Ripple and its two top executives, sent shockwaves throughout the crypto industry. But its domino effect is only just starting, according to the analyst who ahead of time called the recent …
Read More »Analyst: Post Bitcoin, Traditional Finance Will Flock To DeFi, Not Ethereum
Bitcoin is in price discovery and each day sets a new all-time high. But despite the soaring prices well above the previous record, altcoins have barely moved in comparison. However, traditional finance will soon move profits and diversify, and when they do, one chartered financial analyst claims it’ll be into …
Read More »Rapid Bitcoin Move Could Find a Top Near $28,000: Analyst
Bitcoin has undergone an extremely strong rally over the past day, despite the coin facing a strong dip into Christmas. Per CoinGecko, the coin is up 8% in the past 24 hours alone, pushing from the $24,500 region to $26,700 now. At the peak a number of hours ago, BTC …
Read More »Bitcoin’s Next Impulse Move Could Send It Rocketing to $40,000: Analyst
It has been on a wild ride the past few weeks, with buyers being in full control of its price action as it continues rising on a nearly daily basis Where it trends in the mid-term will undoubtedly depend on whether or not it can continue printing higher lows each …
Read More »Analyst: Bitcoin Parabolic Trend Is “Close To A Breakdown”
Bitcoin price has been in a strong uptrend since Black Thursday that turned fully parabolic in Q4, resulting in a new all-time high. But according to an analyst, the first-ever cryptocurrency is close to a breakdown of a parabolic curve that’s been supporting the upwards momentum for months. Is this …
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